Blog
Flood Insurance Program Extended
Washington,
July 1, 2010
Update July 14, 2010 -
Today, the House passed H.R. 5114, the Flood Insurance Reform Priorities Act of 2010. H.R. 5114 will reauthorize and improve the National Flood Insurance Program (NFIP), which is the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The bill includes an amendment by Congressman Scott to allow NFIP premiums to be paid in installments. July 1, 2010 - The Federal Flood Insurance Program has finally been extended after lengthy delay in the Senate. The National Flood Insurance Program Extension Act (H.R. 5569), which has already passed the House, will extend the program through October 1. Congressman Scott is working on a bill to update and improve the program and extend it through 2015 - Flood Insurance Reform Priorities Act (H.R. 5114). In addition, Congress needs to approve additional FEMA funding for buyouts of properties in Cobb and Douglas Counties that were damaged in the 2009 floods. Congressman Scott is fighting to approve that funding. The Atlanta Journal-Constitution highlights some Georgians who are waiting for the FEMA funding. FEMA website: http://www.fema.gov/ SBA website: http://www.sba.gov/services/disasterassistance/index.html |